Shocking cause of LA’s sky-high housing costs as residents continue to flee city
Los Angeles continues to experience high housing costs despite a significant population decline. Experts attribute this discrepancy to smaller household sizes, which increase the demand for housing. Additionally, those leaving the city tend to be poorer, while higher-income residents remain, keeping prices elevated.
- ▪Los Angeles lost 10,000 residents last year, while LA County saw a total of 64,000 people leave.
- ▪The average home value in LA is $956,465, having only decreased by 1.2% over the past year.
- ▪Smaller household sizes are increasing the demand for housing, despite the population decline.
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Real Estate Shocking cause of LA’s sky-high housing costs as residents continue to flee city By Titus Wu Published May 29, 2026, 1:37 p.m. ET See more of our coverage in your search results. Add The California Post on Google Housing costs in Los Angeles remain stubbornly high as residents continue to flee the city — and experts have shed light on the under-the-radar reason fueling the discrepancy. Figures released earlier this year show that LA lost 10,000 people last year, while the broader county saw 64,000 people leave — the most of any county in the state. 3 The city of Los Angeles lost 10,000 people last year. artzone – stock.adobe.com But despite the exodus, the housing market hasn’t seen prices dip.
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